🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
How many cryptocurrencies really exist?
Since Bitcoin appeared in 2009, the crypto ecosystem has exploded. According to data from September 2024, there are nearly 10,000 cryptocurrencies listed on CoinMarketCap, although other sources mention up to 20,000 if you include inactive or abandoned projects.
The exact figure is complicated: CoinMarketCap reports 9,916 tokens, while CoinGecko shows 15,142. The difference depends on how each platform filters and updates its data.
Why so many?
The entry barrier has significantly lowered. Thanks to platforms like Ethereum, even developers with basic coding knowledge can create their own token without building a blockchain from scratch. Result: explosion of projects, each promising something “unique”.
Which ones really matter?
Here comes the interesting part: out of those thousands, only a handful have real impact:
The reality: while the number of cryptos continues to grow, most will disappear. Only those that truly solve a technical problem or generate real demand will remain. The rest? Noise on the blockchain.